Meezan Bank (KAR:MEBL) Debt-to-Asset : 0.01 (As of Sep. 2024)

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What is Meezan Bank Debt-to-Asset?

Meezan Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₨0 Mil. Meezan Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₨46,509 Mil. Meezan Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ₨3,388,419 Mil. Meezan Bank's debt to asset for the quarter that ended in Sep. 2024 was 0.01.

Meezan Bank Debt-to-Asset Historical Data

The historical data trend for Meezan Bank's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Meezan Bank Debt-to-Asset Chart

Meezan Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.04

0.03

0.06

0.05

Meezan Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.01	0.05	0.01	0.01	0.01

Competitive Comparison of Meezan Bank's Debt-to-Asset

For the Banks - Regional subindustry, Meezan Bank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Meezan Bank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Meezan Bank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Meezan Bank's Debt-to-Asset falls into.

Meezan Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Meezan Bank's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	135244.992)	/	3019316.152
	=	0.04

Meezan Bank's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	46509.149)	/	3388419.082
	=	0.01

Meezan Bank (KAR:MEBL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Meezan Bank Debt-to-Asset Related Terms

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Meezan Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meezan Bank Ltd (KAR:MEBL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730

Website

https://www.meezanbank.com

Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Bank operates only in Pakistan.

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